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| Name | Symbol | Market | Type |
|---|---|---|---|
| Essilor Luxottica (PK) | USOTC:ESLOY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.82 | -0.68% | 119.51 | 119.51 | 119.65 | 119.72 | 118.60 | 119.00 | 37,757 | 20:24:13 |
From Jan 2022 to Jan 2025
By Joshua Kirby
EssilorLuxottica SA said Tuesday that it has signed a deal to produce and sell Swarovski eyewear, adding to its luxury tie-ups.
The deal with the Austrian jeweler will run until the end of 2028, with an automatic renewal option for a further five years, the Franco-Italian eyecare giant said.
The partnership builds on Swarovski's luxury position and its focus on eyewear as a key fashion accessory, EssilorLuxottica said. The first collection produced under the new license will be ready in time for the 2023 fall/winter season, the company said.
The deal adds to EssilorLuxottica's luxury partnerships, including a licensing agreement signed last month with Italian cashmere-goods maker Brunello Cucinelli. The group currently also sells eyewear under luxury brands including U.K. fashion house Burberry, France's Chanel and Italy's Prada.
Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby
(END) Dow Jones Newswires
December 06, 2022 02:28 ET (07:28 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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